Egypt to receive two Russian Su-35 fighter jets in 2020 

The deal includes 26 fighter jets and will be fully delivered by mid-2023

Taha Sakr

CBE selects EFG Hermes-Evercore alliance as advisor for United Bank’s equity stake offering

According to the CBE’s Sunday statement, they selected the duo out of five investment banks that were bidding for the role.

Hossam Mounir

Egypt’s petroleum products, gas consumption up to 92.4m tonnes in FY 2019/20: source

Domestic fuel needs increase by 4% annually, according to sources

Mohamed Adel

EHA to add 8,000 hotel rooms across Egypt early 2020 with $800m investments

30% hike in the winter season’s reservations compared last year’s winter season, according to the EHA’s chairperson

Nehal Samir

FDI in Egypt: where does it stand and where is it heading?

FDIs declined 24% to $5,9bn in FY 2018/19, from $7,7bn in FY 2017/18

Doaa Elboraie

Meet the self-taught artist who recycled cardboard boxes into a nostalgic art show

A Tale to Tell is an exhibition about the generations who were born and raised before the internet, says Ezzat

Nada Deyaa’

Elon Musk’s net worth drops $768m in one day after Cybertruck’s failed stunt 

The revolutionary design looks different from any pickup truck ever released. Cybertruck’s exterior is made from stainless steel alloy, similar to what SpaceX rockets are made with. Musk states that…

Daily News Egypt

US imposes sanctions Iranian information minister over internet blackout

Pompeo urged Iranians on Thursday to send photos and other information documenting repression amid ongoing protests

Daily News Egypt

EGL completes Cairo West Power Station Project

Additionally, the company revealed that they have completed the delivery of accessories and containers to the same site, including the arrangement of all types of clearance formalities and getting approvals from the relevant authorities to…

Daily News Egypt

Communications, Finance Ministry discuss equipping infrastructure to implement “one-stop shop” system

This aims to ensure the sustainability of the quality of performance, speed, and accuracy of delivery in a manner that reduces the customs release time and costs of clearance. It…

Mohamed Alaa El-Din